The cold calls to farms mining of Bitcoin more powerful of the world | Breaking News

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The climate of Kazájistan, Russia, and Iceland has led to several farms to be installed in their cities.The miners are looking for climates that allow for the cooling of the equipment at low cost.Some of the farms mining of Bitcoin’s largest market, have been installed in cities with a cold and dry climate. Businesses look for areas where you can cool the mining equipment, without additional costs of electricity.At the World Conference on Mining 2019, which culminated, on October 10, competing were about 22 farms to proclaim to the most popular among the miners. The award took him by the canadian company DMG, which is located in the province of British Columbia.Beyond the awards, each of these farms left a record interesting about their activities, cooling system, and geographic location. Thanks to this information it is possible to identify a trend in the industry of mining Bitcoin. The farms not only take into account the low prices of electricity to locate their teams in a region, but also the temperatures of that zone.Kazakhstan, Russia, Iceland and Canada are four countries that have a higher concentration of farms, of mining equipment, Bitmain, according to data from the conference. Although the predilection for cold countries and with good rates of electricity has already been noted by Garrick Hileman and Michel Rauchs, of the University of Cambridge, who published in 2018 a study on the matter. Cities such as Siberia, Quebec and Reykjavik are in great demand among the miners, along with several areas of China.

What are the most popular?

The climate of Kazakhstan is mostly dry and with long winters, reaching record -21 degrees celsius. The country has today in day three of the larger farms mining: MineBest, Coinsoon and Enegix. The administrators of these three establishments ensure that the climate of Kazakhstan is ideal for cooling the miners. In this sense, they use a filtering system to reuse the air in the area. In addition, the company Coinsoon also has a mechanism of heat dissipation, which ensures the insulation from the cold.In addition to the favourable climatic conditions, Kazakhstan also has one of the tariffs of electricity more cheaply from Asia and Europe. According to data from GlobalPetroPrices, in the region pay about 0,04 usd per KWh. It is another feature that catches the attention of the miners, as lower costs of electric also meant a greater net gain.Russia also has several farms of mining in their provinces cooler. Siberia, for example, has two establishments of miners, Bitriver and Cyberian Mine. The climate of this area is tundra, with annual average temperatures of 5.4 degrees celsius. Although some parties reach up to -50 degrees centigrade per year.Areas of Siberia have recorded temperatures below -60 degrees celsius. Image by Shchipkova Elena/stock.adobe.behaviour their part, the administrators of Bitriver and Cyberian Mine ensure that reuse the same air of the place to cool the equipment. Also, both point out that the rate of electricity of Siberia is one of the cheapest in Russia, coming to cost about 0.07 cents per KWh. Other Russian cities also have their farms to mining are Angarsk and Bratsk.

Other countries with tariffs and climates flattering

Iceland is another of the favorite countries of the miners, counting in this ranking with two farms of mining. The climate of Iceland is warmer than the above-mentioned, having average temperatures of 11 degrees celsius. However, in the winter, some cities come to report an average of -7 degrees celsius.Farms Etix and Adavnia to provide an air filtration system for reuse of the area. Such systems possess the ability to readjust the temperature if it gets too low for the mining equipment. As with the previous countries mentioned, Iceland has one of the best electric rates in the nordic countries, gaining 0.05 cents per KWh.Canada is the country with the temperatures changing this list, coming to have very hot summers and strong winters. In the city of Quebec, to the east of the country, there are two farms of mining, while Toronto (to the northwest), British Columbia and other provinces in the east (the Eastern) have a property each.These companies have developed cooling systems much more complex than those mentioned above. Use water walls, corridors of cold and heat, and evaporation system to maintain equipment at the proper temperature.In addition to Canada, the World Conference on Mining 2019 revealed that regions of Nevada and Atlanta, in the united States, are also popular for mining. These cases prove that the miners walk in search of sites that will provide the least amount of operational expenses possible, thanks to their good temperature and electrical service economic.

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